Options Bistro

prvtrader 11:54 am on Friday, November 13, 2015

prvtrader 12:06 pm on Friday, November 13, 2015

The Detrend Oscillator showed that the SPX was overbought since last Thursday 11/5, then a clear signal last Friday 11/6 that the SPX was becoming bearish; on Monday 11/9, it confirmed that the trend was turning bearish when the MACD crossed down and on Tuesday it confirmed the bearish trend by the %R moving below the top zone. It can’t get any clearly than that.
- Jeff 12:07 pm on Friday, November 13, 2015
  
  This is a great chart, Robert. We can heed more advance signals in addition to the $VIX.

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment